3035 Mobile Hwy Montgomery, AL 36108-4055
This vacant 1,430 square foot storefront, located at 3035 Mobile Highway in Montgomery, Alabama, presents a unique investment opportunity. Built in 1960, this single-story building is zoned M1 and offers excellent visibility and accessibility. The property boasts ample parking and benefits from a high traffic count of approximately 11,419 AADT on Mobile Highway. Its strategic location provides convenient access to major transportation arteries, including proximity to I-65 (approximately 0.9 miles), I-85 (approximately 1.8 miles), and Maxwell Air Force Base (approximately 3.3 miles). The Air Force Base serves a substantial population of active duty personnel, guards, reserves, contractors, and retirees (approximately 25,000), and the Air Force University attracts 20,000 students annually. Furthermore, the property is conveniently located near Montgomery Whitewater, a popular outdoor recreation destination. The asking price is $75,000, translating to $52.45 per square foot. This property is ideal for a variety of retail uses and represents a strong potential for return on investment given its location and high traffic volume. The zip code is 36108.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-1 · Montgomery, ALMontgomery. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.